bp has reached an agreement to sell a 65% shareholding in Castrol at an enterprise value of $10 billion. Total net proceeds to bp of c.$6 billion, including accelerated dividend payments, will be ...

bp has reached an agreement for Sixth Street-managed funds to purchase non-controlling interests in Permian and Eagle Ford midstream assets of bpx energy – bp’s US onshore oil and gas business. bpx ...

Transaction includes bp’s ~300 Dutch retail sites, 15 EV charging hubs and the associated fleet business. Contributes to bp’s $20bn divestment programme and reset strategy to focus the downstream.

Gas began flowing safely and ahead of schedule in February 2025 from the second development phase of the bp-operated Raven field. This project will help to meet growing energy demand in Egypt, where ...

bp today announced that it has completed its acquisition of participating interests in two offshore exploration and development blocks in the Azerbaijan sector of the Caspian Sea. Agreements ...

bp has big plans to develop our oil and gas operations over the coming years. Innovative digital technology is helping us to do so bp has a long history of inventing and using technologies to improve ...

bp has received final government ratification for its contract to invest in the redevelopment of several giant oil fields in Kirkuk, in the north of Iraq. The contract between North Oil Company (NOC), ...

bp is carrying out a strategic review of its Castrol business with the intention of accelerating Castrol’s next phase of value delivery. Castrol is a leading and trusted global lubricants brand, ...

bp today reached agreement on all contractual terms with the Government of the Republic of Iraq to invest in several giant oil fields in Kirkuk providing for the rehabilitation and redevelopment of ...

The following Trading Statement provides a summary of BP p.l.c.’s (bp) current estimates and expectations for the fourth quarter of 2024, including data on the economic environment as well as group ...

bp has begun flowing gas from wells at the GTA Phase1 liquefied natural gas (LNG) project to its floating production storage and offloading (FPSO) vessel for the next stage of commissioning. GTA, ...

Project features Indonesia’s first at-scale enhanced gas recovery through carbon capture, utilization, and storage (CCUS), aiming to sequester around 15 million tonnes of CO2 in its initial phase and ...